Townhouse for sale
Income Property with Potential to Generate R54,400 Monthly
Reliable passive-income opportunity in a quiet suburban setting with well-maintained, secure townhouses and private gardens — eight 2‑bed units with single garages and land to double units.
This townhouse complex offers an excellent income-generating opportunity with strong future expansion potential.
The property currently comprises 8 well-designed townhouse units, each offering:
2 Bedrooms
1 Bathroom
Open-plan living and dining area
Functional kitchen
Single garage
Small private garden
Prepaid electricity and prepaid water, ensuring easy utility management
Monthly levy of R700 per unit
The complex is neat, secure, and designed for low-maintenance ownership, making it ideal for long-term rental income.
A major added advantage is the additional vacant land, already fully walled and gated, to develop another 8 units. This creates a rare opportunity for investors to double the rental yield and significantly increase the overall value of the property over time.
Whether you are expanding your rental portfolio or looking for a scalable development investment, this property combines immediate income, controlled operating costs, and future growth potential in one secure package.
Additional features
Ownership costs
Property history
Listed for sale at R7,000,000
Price reduced by 7.9% to R6,450,000
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